For saleTownhouse
$179,500
16 E 13th St
Waconia MN 55387
2 beds, 1 bath, 900 sqft
16 E 13th St is a 2 beds, 1 bath, 900 sqft townhouse home for sale at $179,500 in Waconia MN 55387. At 20% down it rents for an estimated $2,375/mo and returns $706/mo a month at a 11.4% cap rate.
The deal math
Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.
- Estimated rent
- $2,375/mo
- Monthly cash flow
- $706/mo
- Cap rate
- 11.4%
- Cash-on-cash
- 23.6%
- Max offer
- $179,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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